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Warren County, NJ · Sold

NJ-657760

731 County Road 367

$1,046,400
$18,936/ac · 55.26 ac
Acreage55.26 ac
Price per acre$18,936/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedNov 12, 2025
Coordinates40.8391, -74.9658
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Warren County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Warren market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands13.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,266 ft of deeded road frontage.

Power10,218 ft away

A long utility run — price in solar/off-grid instead.

Buildable area45.67 of 55.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$804,238
$664,855$943,622 · $14,554/ac on 55.26 ac
Asking vs estimate
+30.1%
Priced above the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,046,400
Maximum allowable offer
$459,565
$8,316/ac · +30.0% target margin

You need $586,835 off asking to hit this margin.

All-in cost$498,628
Net resale$739,899
Projected profit$241,271
ROI+48.4%
Annualized+69.2%
Break-even resale$9,808/ac
Profit if resale lands off target
-20%
$93,291
-10%
$167,281
0%
$241,271
+10%
$315,261
+20%
$389,251
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-707824
Paved · Power at road
57.9May 31, 2026$960,00016,58610,4668.6 mi
82
NJ-668127
Paved · Off grid
72.1Jul 23, 2025$1,100,10015,26012,3086.5 mi
79
NJ-198816
Dirt · Power at road
118.8Jul 27, 2026$1,857,40015,64015,9215.3 mi
76
NJ-878914
Dirt · Off grid
127.5May 8, 2026$1,344,20010,54312,9776.2 mi
75
NJ-666783
Dirt · Off grid
27.2Nov 10, 2025$394,20014,47813,1523.4 mi
74
NJ-246549
Dirt · Full utilities
23.0Jul 27, 2026$572,50024,91314,9398.4 mi
73
NJ-648830
Dirt · Full utilities
120.0Nov 11, 2025$2,578,30021,49118,5127.1 mi
69
NJ-916050
Gravel · Off grid
16.0Mar 15, 2026$372,10023,24416,6985.6 mi
67
NJ-546698
Paved · Off grid
25.6Oct 4, 2024$652,90025,50317,4807.7 mi
62
Show adjustment detail for the top comp
  • Tract size (57.88 ac → 55.26 ac)+1.0%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+0.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.